Knowing what to expect from the nonprofit audit process can transform it from daunting to doable. There are clear steps to the audit process, with responsibilities for both the auditing team and the organization. Learn what to expect from each step–and what’s expected of your organization–to keep the process moving forward efficiently. You can also download the guide here.Â
Jump to a section:
- What is a nonprofit organization?
- Why do nonprofit organizations matter?
- What financial statements are used by NFPs?
- What is a nonprofit audit?
- What is the process for a nonprofit audit?
- Step 1: Planning meeting
- Step 2: Items Required List
- Step 3: Preliminary fieldwork
- Step 4: Final fieldwork
- Step 5: Wrap-up
- Audit Considerations and Updates for 2022
- Preparing for an Audit with Aldrich